PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Revision u/s 263 - The PCIT primarily questioned the claim of deduction under Section 80IC and criticized the AO for allegedly not conducting a thorough examination during the assessment proceedings. However, upon review, the Appellate Tribunal (AT) found that the AO had diligently examined the matter and that the Assessee had provided necessary information and documents to justify the deduction claimed under Section 80IC. The AT concluded that the PCIT's assertions lacked merit and overturned the decision, emphasizing the importance of considering all relevant information before deeming an assessment order as erroneous.
Revision u/s 263 - The PCIT primarily questioned the claim of deduction under Section 80IC and criticized the AO for allegedly not conducting a thorough examination during the assessment proceedings. However, upon review, the Appellate Tribunal (AT) found that the AO had diligently examined the matter and that the Assessee had provided necessary information and documents to justify the deduction claimed under Section 80IC. The AT concluded that the PCIT's assertions lacked merit and overturned the decision, emphasizing the importance of considering all relevant information before deeming an assessment order as erroneous.
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